While the common expression involves dogs, the analogy holds true for the market’s bulls and bears.
As you’ll soon learn, a simple ringing of a bell will send these two dogs in the caption into savage frenzy!
It was easy …
Everything I suggested yesterday about the current compression in the SPY and QQQ setting them up for a big move is still true today, because…
The squeeze is still on. The rules I outlined for playing the breakout still apply.…
On Thursday the markets may be particularly sensitive to the PPI data if it is reported as anything other than its expected .3% value.
My reason for expecting a market reaction is not based on the state of inflation, but …
There are many ways traders define a “squeeze” in the markets, but regardless of how you define it, the expected effect of a squeeze is the same.
Squeezes lead to big moves.
There are several big squeezes in the market …
On the surface, today’s move in the SPY was not all that notable. It was up 0.4%, and its range was half that of its average volatility.
It was, however, the third day of a powerful pattern.
Last Thursday the …
The men in the rowboat are rowing in opposite directions.
Great juxtaposition and one that represents an accurate metaphor for last week’s market.
Newton had a theory for that called the Law of Action-Reaction.
“... in every interaction, there is …
This Is a washing machine.
But What If a child could climb inside to enter the unknown?
Think the stock market.
The What Is:
Bullish, with all indices strong on the weekly charts
Happy, with the strong employment numbers and …
“…And this weak and idle theme, No more yielding than a dream…”
A monologue by Puck, a clever yet mischievous fairy, is delivered to the audience at the end of Midsummer’s to apologize in case he might have offended them.…
There used to be hundreds of millions of prairie dogs in North America.
Their massive colonies extended for miles and miles.
Today, their range has shrunk to less than 5% of their original range.
Similarly, we can compare that to …
Tough day for the NASDAQ bulls.
Facebook declined another 2%. Twitter fell by another 8%.
Google dropped by $22.00, Netflix by $20.00 and Amazon shed $39.00.
The Russell 2000 confirmed the Warning Phase while Semiconductors went into an unconfirmed Warning …
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